Optimal fiscal policy, public capital, and the productivity slowdown
Abstract
A presentation of a quantitative-theoretical model that can account for much of the behavior of the stock of public capital in the U.S. economy over the last 70 years, with an application to examining some possible causes of the slowdown in the growth of U.S. labor productivity.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Article provided by Elsevier in its journal Journal of Economic Dynamics and Control.
Volume (Year): 22 (1998)
Issue (Month): 6 (June)
Pages: 911-935
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Web page: http://www.elsevier.com/locate/jedc
Related research
Keywords:Other versions of this item:
- Steven P. Cassou & Kevin J. Lansing, 1995. "Optimal fiscal policy, public capital, and the productivity slowdown," Working Paper 9509, Federal Reserve Bank of Cleveland.
References
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